US Stock Market Dips Days Before Trump's New Tariffs Take Effect: What It Means for Precious Metals
Robert Kiyosaki's Bold Prediction: Silver is the Best Investment for Wealth Protection
China, Japan, and South Korea Unite to Counter U.S. Tariffs: Implications for Precious Metals
JPMorgan Chase & Co. will deliver gold bullion valued at more than $4 billion against futures contracts in New York this February.
For investors, China’s DeepSeek AI tool represents a potential shift in the competitive landscape, possibly impacting Nvidia’s stock performance.
Gold prices have recently reached record highs, driven by a combination of geopolitical tensions and investor concerns over potential U.S. tariffs on China. On Tuesday, spot gold increased by 0.3% to $2,820.94 per ounce, following a record high of $2,830.49. U.S. gold futures, however, fell by 0.2% to $2,851.40.
This upward trend is attributed to a global flight to safety, with investors seeking refuge in precious metals amid uncertainties in the financial markets.
Elon Musk has recently aligned with the idea that Trump’s economic policies, while aiming for long-term benefits, will lead to short-term hardship.
Gold prices approached record highs, with spot gold rising to $2,676.03 per ounce amid weaker U.S. bond yields and expectations of rate cuts by major central banks.
Several financial experts suggest that gold is well-positioned for growth in 2024.
